Myles Shear Flips Waterfront Miami Beach Home to Sam Logan

Residence gross sales between dynamic personalities have lengthy been the norm in South Florida — however a Mid-Miami Seaside home promoting for practically double in 16 months reveals that costs are simply as extraordinary because the consumers and sellers.

Contained in the property (Redfin)

Property data present digital dance music supervisor Myles Shear offered his house at 3300 Chase Avenue in Mid-Miami Seaside to “Siesta Key” actuality TV star Samuel Logan for $12.5 million — $5.9 million greater than Shear’s earlier buy value. The property was listed final yr for $13.8 million, in line with Redfin.

Shear, a Miami Seaside native who found home music superstars Kygo and Thomas Jack, had paid $6.6 million for the home at year-end 2020. It was in-built 2016. He had offered his North Bay Street house in Miami Seaside one month previous to that buy for $4.2 million.

Contained in the property (Redfin)

Logan was an actor in season three of “Siesta Key,” and can be again for season 4, in line with revealed stories. On the finish of final yr, he offered his — appropriately positioned — house on Siesta Key for $6.8 million, Sarasota Journal reported in January. The home was listed for 112 Bitcoin, and Logan paid the fee for his realtor and co-star, Lexie Salameh with Dwelling Vogue, additionally in Bitcoin, the article states.

Contained in the property (Redfin)

Information present Logan’s new 5,363-square-foot home comes with 5 bedrooms, 5 loos and one-half toilet. It’s throughout the road from the Miami Seaside Golf Membership.

Oren Alexander with Douglas Elliman had the itemizing, and Nubia Tylke with Florida Capital Realty represented the client, in line with Redfin. Tylke stated this deal didn’t contain any type of cryptocurrency.

Luxurious house costs in Miami Seaside — together with the remainder of South Florida — have risen dramatically as rich consumers flock to the world.

Final month, ex-Mafia affiliate and proprietor of Anatomy Health, Chris Paciello, offered his non-waterfront North Bay Street house in Mid-Miami Seaside for a report $9 million. And in February, Michelle Simkins flipped her bayfront Mid-Miami Seaside house for $21 million, greater than double its earlier sale value a yr earlier.

This month, a spec house developer offered a waterfront Venetian Islands house in Miami Seaside for $23.5 million, and a tech energy couple paid $21.5 million for a waterfront Venetian Islands property.